Tracy Higgins serves as the Senior Director of Property Accounting at The Lightstone Group, where she leverages over two decades of expertise in real estate accounting and financial operations to drive efficiency and enhance performance across a diverse portfolio. In her current role, Tracy oversees...
Tracy Higgins serves as the Senior Director of Property Accounting at The Lightstone Group, where she leverages over two decades of expertise in real estate accounting and financial operations to drive efficiency and enhance performance across a diverse portfolio. In her current role, Tracy oversees the financial management of a multifaceted array of properties, including 28 hotels with a total of 6,293 keys, 9 residential complexes comprising 2,815 units, and 39 industrial and commercial properties that collectively span approximately 7 million square feet. This extensive portfolio requires a nuanced understanding of the unique financial dynamics inherent to each sector, allowing Tracy to treat each property as an individual entity while ensuring alignment with the broader organizational goals.
Tracy is instrumental in streamlining financial processes, which has resulted in significant cost savings and improved operational efficiency. Her expertise in financial reporting, analysis, budgeting, and forecasting enables her to provide strategic insights that inform decision-making and drive profitability. Additionally, her strong supervisory and team-building skills foster a collaborative environment, empowering her team to excel in their roles and contribute to the overall success of the organization.
Key projects under Tracy's leadership include the successful integration of advanced financial technologies that enhance reporting accuracy and reduce processing times, as well as the implementation of best practices in acquisitions and dispositions. Her problem-solving acumen and commitment to process efficiency have positioned her as a vital asset to The Lightstone Group, ensuring that financial operations not only meet compliance standards but also support the company's ambitious growth objectives.